01:28 PM EST, 02/27/2025 (MT Newswires) -- General Motors ( GM ) is preparing to sell bonds in the high-grade primary market, Bloomberg reported Thursday, citing a person familiar with the matter.
GM Financial, the financial services arm of the company, may sell notes in three parts with a seven-year note offering a yield of 1.7 percentage points above Treasuries, the report said.
The company did not immediately reply to requests for comment from Bloomberg and MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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